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There are lot of possibilities to make money in forex market. But traders need proper knowledge about market and trading.

Traders often fail to execute their plan due to emotion. So, better to avoid or control it.

True. But you need proper strategy and plan to make a profit from this market.

True. There are lot of pairs. But you do not need all of them to trade.

True. It is achievable if you are talking about one or two days. But making it consistent is another matter.

I also agree every trader needs the discipline to trade effectively in the market.

Don’t neglect the importance of demo account for learning as many newbies do that.

It is true. Traders need to focus on consistency rather than making a random profit.

I also agree with you. I think 1st year hard to struggle for all kinds of traders.

Choose a broker according to your trading strategy. Try to find the broker which offers the facilities that you need most.

It is true that anyone can trade in the market. But only those who have knowledge and skill can earn money.

True. Traders need to learn about knowledge about forex market.

Right. It is risk-free way to learn and practice trading.

I agree with you. Traders can also communicate with other traders.

True. Most new traders lack those virtues and quit the market after losing money.

The knowledge of the market is also important. Adopt the market according to your trading strategy.

Right. It is also a risky market. So, reduce risk as much as possible in order to survive.

True. You need experience with great result to be a fund trader.

There are a lot of trading pairs in the market. But traders don’t need to trade all pairs. Just one or two pairs are enough.

Never trade without trading plan or proper trade setup. You don’t need to be active 24/5 to earn money. Even 1 minute is enough to earn.